Understated elegance awaits in this rare Rosario Candela classic-a 12-room masterpiece designed by Haynes Roberts, bathed in natural light from its north-east exposure along a picturesque Park Avenue tree-lined vista. Step off the front building elevator onto your private landing, where wood-paneled doors, stone floors, and hand-painted Venetian plastered walls create an inviting, artful entry along with a powder room for guests. Enhanced with extra soundproofing walls, recessed lighting, brass hardware, and herringbone wood floors throughout, this substantially built apartment harmonizes classic details with modern luxury.
The traditional "public" area features an elegant Dining Room, Library, rand Foyer and an oversized corner living room complete with a working wood-burning fireplace and an automatic hidden TV system, all set against wood-paneled walls that carry a storied past-once graced by a Cuban ambassador. The entire space is expertly wired for a state-of-the-art Crestron sound system with in-wall speakers, while expansive double paned windows usher in abundant natural light and offer captivating city views. This classic 12 room layout is complete with a primary suite, 3 additional bedrooms and a staff room with separate full bath as well as a playroom and office space.
The St. Charles-designed kitchen with honed slate counters is a chef's dream, boasting custom cabinetry, vented six-burner Viking stove and double ovens, two full-size Sub-Zero refrigerators, an abundance of Sub-Zero refrigerator drawers and freezer drawers, a Miele dishwasher, and a U-Line wine refrigerator . A built-in banquet area in the eat-in kitchen provides generous storage and dining space, perfect for entertaining.
Additional amenities include three separate, individually controlled central air units, a dedicated laundry room with a vented full-size stack unit, and renovated bathrooms featuring premium waterworks hardware and heated floors. All mechanical and electric systems have been updated. As part of the 1172 full-service co-op, residents enjoy exclusive access to a gym, laundry facilities, a bike room, two large private storage lockers, and a live-in manager. Pets are welcome.
This classic layout has not been available for sale at 1172 Park Ave in over ten years. This exceptional residence not only offers a glimpse into New York's storied architectural legacy but also provides the original plans for those who appreciate its unique history and design.
2% flip tax paid by the seller. 50% financing allowed. Pet Friendly. Co-Exclusive.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $6,280,000 | $6,280,000 | $6,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $35,657 | $40,212 | $53,419 |
Total Monthly Payment | $35,782 | $40,337 | $53,544 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.